Gold numismatics collector coin markets lack sufficient transparency, liquidity, and have often left gold investors with large losses in spite of a rising gold price. You will want to avoid "rare" or "collector" gold products.

Many gold numismatic and gold semi-numismatic coins are heavily marketed through old media outlets (TV, radio, magazine, and newspaper ads, etc. ). Often times, gold collector coin sellers are Large Gold Dealers with call centers of salesmen utilizing fear tactics and hypothetical gold confiscation scenarios to make large profit margins off unsuspecting gold investors. Terms such as confiscation, rarity, and collector value should wave red flags to potential customers.

If you have a specific gold bullion product in mind, do not let a salesman change your intent and potentially up-sell you into an item not benefiting your gold investment objectives.

Few funds actually hold sufficient gold to physically deliver and many are directly tied to the collapsing financial system. Most paper gold instruments are merely time bombs redeemable in paper and provide little to no insulation against a monetary crisis or a major economic event.

Physical Delivery and Gold Vault Storage Options

Reputable, large volume dealers should offer both domestic and international shipping options. When you buy gold online, be sure you are given an estimated date of shipment within a reasonable time frame. You will want to ensure the products are fully insured and that you are not held liable until your gold products have been safely delivered either to your door ( your signature required ) or to the vault storage facility of your choosing.

If you choose a Gold Vault Storage option, make certain the gold bullion is held by a third party in a segregated account with a proof of insurance. You should also receive a Storage Certificate document accounting for your gold holdings.

Payment Options

Most gold dealers will provide you with multiple methods of payment. Ensure you are able to lock in pricing the moment you place your order.

Full credit card payment will be subject to a processing fee, however it will typically secure your pricing. Most gold dealers also provide a bank wire option, giving you the ability to lock your pricing in with a minimal initial credit card payment ( generally 5 - 15 % of your total order ).

Checks and money orders are often accepted but typically delay the purchase process or escalate the cost of the transaction.

Cash is out of question for most dealers due to paperwork and customer privacy being compromised. Any purchase transaction exceeding a cash purchase of $ 10K or more would trigger a reporting requirement on the side of the dealer.

Finding a Credible Gold Dealer

Scams and frauds are not uncommon in the gold and silver industry, thus be sure to always perform proper due diligence to find a reputable gold dealer. DO NOT simply seek a gold dealer based on a cheap advertised gold price.

Assure yourself the online dealer you are purchasing from has a fixed buy-back policy for products purchased. This will ensure they offer you a fair price for your gold bullion when you sell it back to them in the future.

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